Subdued Physical Demand Bites – Cardamom Futures

On Thursday in the domestic market the trading were lower in the morning of the cardamom future, whereas the investors and the speculators they were exiting their position in the Agri - commodity and down in the physical demand of the cardamom in the spot domestic market.

From the major regions of the cardamom producing regions from the sufficient supplies and the higher physical arrival, they were influenced the downward trend in the domestic prices.

Cardamom futures of July 2017 at the MCX the contract were traded at Rs. 1070 per kg and the percentage is down by 0.81% the opening was Rs. 1070 and the previous close was of Rs. 1078.70. The intra day touched high at Rs.1068

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